Commercial Property Owners: Your Complete Depreciation Checklist

Mature couple doing family finances

THE END OF FINANCIAL YEAR may have come and gone but there is still time for commercial property owners to arrange a tax depreciation schedule. You could claim thousands of dollars in depreciation deductions.

Australian Taxation Office (ATO) legislation permits the owner of any income producing property to claim depreciation in two ways:

  1. Capital works deductions
  2. Depreciation for plant and equipment assets [Read more…]

Commercial Property Owners Could Save Thousands in Depreciation

Depreciation-Savings

COMMERCIAL BUILDING OWNERS remain unaware of the taxation benefits their property can generate. One of the most beneficial, yet often missed, deductions is building depreciation. [Read more…]

6 Tips for Commercial Investors at Tax Time [Pt 2]

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IN THE FIRST Part of this series you discovered the first two tips to help you maximise the depreciation deductions that you can claim on your Commercial property.

Tax time is nearly here, take a look at the next four tips to make sure that you are claiming what you are entitled to. And not throwing money away. [Read more…]

6 Tips for Commercial Investors at Tax Time [Pt 1]

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ARE YOU maximising your Commercial property depreciation deductions this financial year?

Tax time is approaching quickly and you are probably preparing to visit your Accountant to complete your annual income tax assessment. [Read more…]

Raise Commercial Property Cash Flows Now, or Later

mid-adult couple meeting with financial planner

THE AUSTRALIAN Taxation Office (ATO) allows you, as a Commercial property owner, to choose between two methods of claiming depreciation on the fixtures and fittings within your investment properties.

These are the Diminishing Value and the Prime Cost methods of depreciation. [Read more…]

UPDATE: Immediate Write-off and Small Business Pooling

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GREAT NEWS: The Australian Taxation Office (ATO) has made further changes to the rulings surrounding immediate write-off and pooling of small business assets.

If you’re a small business owner (and/or Commercial property investor) … read on to find out how these changes affect you. [Read more…]

How to Improve Your Return From Industrial Property

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DID YOU KNOW that you can claim quite significant depreciation deductions for an Industrial property? Because, legislation set down by the Australian Taxation Office (ATO) allows the owners of any income producing property to claim depreciation. [Read more…]

Know Your Depreciation BEFORE You Purchase

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BEFORE YOU PURCHASE a Commercial investment property, make sure you crunch the numbers. If you appropriately claim property depreciation, you can significantly increase the return on your investment.

What Deductions Can You Make?

More often than not, investors fail to realise the financial benefit of claiming depreciation prior to making their purchase. [Read more…]

How to Claim Depreciation on Your Older Commercial Properties


older-building

ARE YOU FAILING to take advantage of the depreciation deductions available on your property because you believe your property is too old to warrant making a claim?

Your assumption is wrong and you could be missing out on valuable deductions. [Read more…]

Depreciation Differences: Part 2

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Commercial Vs Residential Property.

LAST WEEK, we covered the different types of Depreciation and the depreciation rules for tenants in Commercial properties.

Read on now, for the rules for claiming occupancy in a Commercial/Residential property — plus another useful tip, when it comes to when claiming deprecation. [Read more…]

Commercial Vs Residential Property … What are the Depreciation Differences?

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THIS IS THE FIRST of a 2-part article, to help provide you with a useful comparison between the depreciation of Commercial and Residential property.

Investors considering purchasing an investment property will often enquire whether a Commercial or a Residential property will provide them with more deductions in the form of depreciation.

However, there are many important factors you need to be aware of when making a choice between these two investment options. [Read more…]